Nigeria | Net barter terms of trade index (2000 = 100)
Net barter terms of trade index is calculated as the percentage ratio of the export unit value indexes to the import unit value indexes, measured relative to the base year 2000. Unit value indexes are based on data reported by countries that demonstrate consistency under UNCTAD quality controls, supplemented by UNCTAD’s estimates using the previous year’s trade values at the Standard International Trade Classification three-digit level as weights. To improve data coverage, especially for the latest periods, UNCTAD constructs a set of average prices indexes at the three-digit product classification of the Standard International Trade Classification revision 3 using UNCTAD’s Commodity Price Statistics, interna­tional and national sources, and UNCTAD secretariat estimates and calculates unit value indexes at the country level using the current year’s trade values as weights.
Publisher
The World Bank
Origin
Federal Republic of Nigeria
Records
53
Source
Nigeria | Net barter terms of trade index (2000 = 100)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980 181.25
1981 192
1982 163.63636364
1983 155.17241379
1984 154.54545455
1985 143.47826087
1986 70.27027027
1987 72.60273973
1988 60.9375
1989 75.71428571
1990 88.50574713
1991 74.3902439
1992 65.04065041
1993 59.40594059
1994 56.12244898
1995 55.55555556
1996 86.9047619
1997 65.09433962
1998 43.87755102
1999 59.5959596
2000 100
2001 89.36356548
2002 90.47081179
2003 97.12741581
2004 114.77131254
2005 145.50530265
2006 163.15598699
2007 168.38402684
2008
2009
2010
2011
2012
Nigeria | Net barter terms of trade index (2000 = 100)
Net barter terms of trade index is calculated as the percentage ratio of the export unit value indexes to the import unit value indexes, measured relative to the base year 2000. Unit value indexes are based on data reported by countries that demonstrate consistency under UNCTAD quality controls, supplemented by UNCTAD’s estimates using the previous year’s trade values at the Standard International Trade Classification three-digit level as weights. To improve data coverage, especially for the latest periods, UNCTAD constructs a set of average prices indexes at the three-digit product classification of the Standard International Trade Classification revision 3 using UNCTAD’s Commodity Price Statistics, interna­tional and national sources, and UNCTAD secretariat estimates and calculates unit value indexes at the country level using the current year’s trade values as weights.
Publisher
The World Bank
Origin
Federal Republic of Nigeria
Records
53
Source